Homeowner Assoc

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Homeowners' Association: now that all units are sold, control of the HOA is being transferred over to the owners of the condos. There will soon be a meeting held for the purpose of electing and/or appointing the necessary officer(s) and personnel.

IN THE MEAN TIME A TEMPORARY PERSON HAS BEEN APPOINTED BY THE BUILDER WHO CAN BE CONTACTED WITH ANY QUESTIONS OR PROBLEMS.

Interim Homeowners' Association Contact Person: Angela VanOrden 208-853-0504 angela.vanorden@hp.com

The Condos at Silver Lake have a very well written and common sense agreement between all of the homeowners that is designed to protect the integrity and value of the development and the peace and enjoyment of all who live there. They also have a very affordable monthly fee that is paid by all. This homeowner's fee takes care of most of the ongoing maintenance and upkeep issues and insures that all of the owners will have a well maintained and carefree environment in which to live Each property owner has one voting right in controlling the ongoing activity, decisions and direction of the HOA.

Homeowners' Association Documents, Covenants & Restrictions (Condominium Declaration)

Current HOA fee amount for 2 Bedroom Unit is $75 per month and 1 Bedroom Unit is $55 per month

Please Note: current Homeowner's Association Fees were set based upon the original budget submitted by builder/developer and will vary in the future from year to year. When the HOA is turned over to the condo owners, HOA fees will be controlled by the voting condo owner members.

Nominal monthly fees provide for:

All exterior building maintenance and scheduled items
Road and driveway maintenance and snow removal
Common area irrigation, lawn care and maintenance
Rubbish removal and trash service
Gazebo picnic playground area upkeep
Sewer and all of your water usage
(all you need to to pay for is gas, electricity, phone and cable if applicable)

Map to Downtown Area from Silver Lake

Who will administer the Homeowner's Association (HOA)? The HOA will be administered by a local CPA accounting and HOA mgmt. firm with many years of experience. The firm name is Harold Busmann, CPA and they can be reached at 208-898-4000 during normal business hours. The email address is hbusmann@cableone.net Billing, receipts, annual statements and reports, and all other aspects will be handled in an efficient and economical manner. Once all of the individual condo units have been transferred from the builder developer to 42 different owners, the HOA will at that point actually be under the control of the collective ownership group comprised of the individual condo owners. Likewise, the management company for the HOA acts under the direction of the those same property owners through the workings of the Homeowner's Association. Each condo owner has a voice and one equal voting right in the homeowner's association for the Condos at Silver Lake.

Sales & Marketing By: House of Brokers Home Team

6315 Ustick Road; Boise, Idaho 83704